ResCareLocates Headquarters in Louisville, Kentucky
The new headquarters will occupy space in a new 140,000-square-foot building on North Whittington Parkway, just off Hurstbourne Parkway. NTS Development Co. plans to break ground on the $34 million project in October and aims to open it in fall 2018 when ResCare’s current building lease expires.
“We’re excited to announce our continued commitment to the Louisville community where we’ve been headquartered since 1974,” said ResCare President & CEO Jon Rousseau. “Our corporate employees have a deep-rooted connection to the city, region and to Kentucky. Those local roots, along with a conducive environment to grow and strong support from Governor Bevin and the Cabinet for Economic Development, made it clear that keeping our headquarters in the commonwealth was the best decision for our company. As we work to fulfill our mission, we must continue to be innovators in our industries, and we need a headquarters that provides energy, supports a strong culture and optimizes collaboration, creativity and working smart. We’re confident our partners at NTS will help us achieve this outcome.”
ResCare’s headquarters is the support center for its more than 45,000 employees in 42 states, including 1,900 in Kentucky. In that role, its operations advance the company’s mission to help people live their best lives through innovative programs, products and caregiving services.
“We are thankful that ResCare and its 340-employee local workforce will move into a new headquarters in Louisville, reaffirming its commitment to growth and success in Kentucky,” Governor Matt Bevin said. “In working closely with ResCare’s leadership, our economic development team was able to craft an ideal situation that meets the company’s needs and helps ensure a positive trajectory for the future. ResCare has been a tremendous corporate citizen for many years and we are excited by this latest chapter in their history.”
To encourage the investment and help retain the company and its jobs, the Kentucky Economic Development Finance Authority in September approved ResCare for up to $550,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing. In addition, ResCare can receive resources from the Kentucky Skills Network.
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